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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (9149)	12/30/1997 11:18:00 PM
From: craig crawford	Read Replies (2) \| Respond to of 9285

<< If I have $10000 in my account, and sell $20000 of stock, I have $30000 in my account. If the stock goes to 0, and I never have to pay back the loan, I will have $30000. It is indeed a 200% return. >> Ok, I've been online for 14 hrs today and 16 hrs yesterday. I think I need a good night sleep to think about it. I will agree with you for now that I was originally right and wrong to correct myself. I suppose under my flawed logic the second time around if I shorted $10k worth of YHOO (not using my margin) and it went to zero I would have $10k just like I started out with and a return of zero %. That doesn't make sense so I guess you are right that I was right and then wrong, and now I should probably shut up before I mess something else up. <g>